Failed airline Euromanx was in trouble as long ago as last October, according to Chief Minister Tony Brown.
In the House of Keys this morning, he revealed the government had met the company last year to discuss the firm’s future.
But he said the collapse of Euromanx had been a complete surprise and the company had owed the government ?1.16 million.
And Mr Brown said the company had acted deliberately to avoid paying its debts:
Researching your Manx family history can be a very interesting and rewarding hobby. Trace your roots in the Isle of Man with our helpful of guide.